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Bergen County/Saddle Brook/07663

07663

ZIPSAFMR
Bergen County, NJ
Zillow

ZIP Investment Score

47Below average

095130300
BRFMR
Eff. Rent
0 BR$2,010$2,210
1 BR$2,260$2,120
2 BR$2,590$2,800
3 BR$3,150$3,310
4 BR$3,970$4,020
5 BR$4,566Not available
6 BR$5,250Not available
7 BR$6,038Not available
8 BR$6,944Not available

Purchase Price Calculator

Maximum purchase price
$354,162

Cost breakdown

+Likely effective rent$2,800
HUD FMR$2,590
Market rent$2,920
Est. payment standard (108%)Used$2,800
-Principal and interest-$1,791
Loan amount$283,330
Down payment$70,832
Rate6.50%
Term30 years
-Operating costs-$809
Property taxes-$354
Insurance-$175
Utilities$0
HOA$0
Management-$280
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$44,583(62.9% ROI)
Projected value
$381,394
Return breakdown
Property appreciation+$27,232
Loan principal paid down+$10,151
Rental cash flow+$7,200
5-year hold
+$76,642(108.2% ROI)
Projected value
$400,702
Return breakdown
Property appreciation+$46,540
Loan principal paid down+$18,102
Rental cash flow+$12,000
10-year hold
+$166,329(234.8% ROI)
Projected value
$453,358
Return breakdown
Property appreciation+$99,195
Loan principal paid down+$43,134
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
0.62
1 BR
1.07
2 BR
0.89
3 BR
0.93
4 BR
0.98
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

ZIP 07663 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 07663 (Saddle Brook, NJ) is $2,590 a month. That is down 2.3% from $2,650 in FY 2026. Saddle Brook is in the Bergen-Passaic, NJ HUD Metro FMR Area, where HUD requires housing authorities to set voucher payment standards by ZIP code using Small Area FMRs. Among 74 ZIP codes in Bergen County, 07663 has the 32nd-highest two-bedroom rent (county range $1,440–$3,420). The median county two-bedroom FMR in New Jersey is $2,233, so ZIP 07663 is 16% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 07663
BedroomsFY 2027Change90–110% range
Studio$2,010−1.0%$1,809–$2,211
1BR$2,260−2.2%$2,034–$2,486
2BR$2,590−2.3%$2,331–$2,849
3BR$3,150−2.5%$2,835–$3,465
4BR$3,970−3.9%$3,573–$4,367

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 07663
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$2,010$2,260$2,590$3,150$3,970
FY 2026$2,030$2,310$2,650$3,230$4,130
FY 2025$1,790$2,080$2,390$2,940$3,720
FY 2024$1,640$1,920$2,210$2,740$3,440
FY 2023$1,540$1,840$2,140$2,660$3,340

Two-bedroom rent in nearby Bergen County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 07663
07650$2,530−2.3%
07652$3,420+32.0%
07653$2,420−6.6%
07656$2,630+1.5%
07657$2,510−3.1%
07660$2,130−17.8%
07661$2,370−8.5%
07662$2,210−14.7%
07663Current$2,590—
07666$2,380−8.1%
07670$3,420+32.0%
07675$3,040+17.4%

Questions about ZIP 07663 rents

How much will Section 8 pay for a two-bedroom in ZIP 07663?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $2,590, that basic range is $2,331 to $2,849 a month. The voucher pays the lower of the payment standard or the gross rent, minus the tenant's share, which is usually about 30% of adjusted monthly income. Confirm the local housing authority's current schedule before underwriting.

Which HUD fair market rent area is ZIP 07663 in?

ZIP 07663 is in the Bergen-Passaic, NJ HUD Metro FMR Area. HUD requires Small Area FMRs in this area, so payment standards are set by ZIP code.

How much did fair market rent change in ZIP 07663 for FY 2027?

The two-bedroom FMR fell 2.3%, from $2,650 in FY 2026 to $2,590 in FY 2027. Since FY 2023 it has risen 21.0%.

When do FY 2027 fair market rents take effect?

HUD's FY 2027 fair market rents took effect on October 1, 2026. When FMRs change, housing authorities generally have up to three months to bring payment standards back within 90% to 110% of the new FMR.

Source: HUD FY 2027 Small Area Fair Market Rents and area FMRs. Payment-standard ranges are 90% to 110% of FMR, HUD's basic range, not a housing authority's published schedule. How payment standards are set

County fair market rentSaddle Brook, NJ fair market rentNJ statewide rentsWhat is SAFMR?Data sources